Preferred stock—calculate dividend amounts Qamar, Inc., did not pay dividends in 2012 or 2013 , even though 50,000 shares of its 7.5%, $50 par value cumulative preferred stock were outstanding during those years . The company has 600,000 shares of $2 par value common stock outstanding

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a. To calculate the annual dividend per share obligation on preferred stock, all you have to do is multiply the dividend rate (7.5%) by the par value ($50) and the multiply it by the number...

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